Key Points Another week of only small changes. There is more change in the EV market and I will shortly publish some analysis of that on Linked In and on the News section. There has been a significant number of smaller dealers closing their doors in the last 12 months. One contact of ours who… Read More »UK Weekly Used Car Market Data – 18th Nov 2023
A shift towards lower prices? Does our weekly data now suggest that UK used market is softening week to week? Read on > Key Points The total numbers of dealers and rooftops have seen a marginal increase between the 4th and 11th of November, 2023, from 9,901 to 9,989 and from 13,313 to 13,511 respectively.… Read More »UK Weekly Used Car Market Data – 11th Nov 2023
Key Points The total number of dealers decreased slightly from 9,905 to 9,901 over the week while the number of rooftops increased from 13,277 to 13,313. Advert numbers decreased from 925,924 to 915,474. However, the average listing price saw a slight increase from £18,921 to £18,952. The analysis of listings by price bands shows slight… Read More »UK Weekly Used Car Market Data – 5th Nov 2023
Key Points The Total Dealers and Total Advert Numbers have seen a slight decrease from 21st October to 28th October 2023. The average number of days on market (DoM) has increased slightly, implying slower sales in the later period. In the breakdown of listings by bands, there are slight shifts in each price segment, with… Read More »UK Weekly Used Car Market Data – 28th Oct 2023
Key Points The total market saw a slight increase with dealers raising from 9,862 to 9,911 and rooftops from 13,344 to 13,624. The average price of a listing marginally increased from £18,915 to £18,987 while the average days in market increased by 1 day. The breakdown of listings by bands showed a slight increase across… Read More »UK Weekly Used Car Market Data – 21st October 2023
Key Points In the given period, from 7th October 2023 to 14th October 2023, the total number of dealers slightly increased from 9,748 to 9,862. This shows some growth in the market. (previous week here) The listing price bands show concentration in the lower price ranges, especially for listings under £10,000, and between £10,001 and… Read More »UK Weekly Used Car Market Data – 14th October 2023
Key Points Between 30th September and 7th October 2023, the Total Advert Numbers in the market increased from 853,726 to 891,069, indicating a growing market trend. The average price of listing showed a slight increase from £18858 to £18948 while there was no change in the Days on Market Average. In the breakdown of listings… Read More »UK Weekly Used Car Market Data – 7th October 2023
Time period 24/02/2023 to 12/05/2023 Summary of UK used car market for the period. The UK used car market has seen a slight contraction in terms of dealership numbers. The total count of dealerships dipped from 9576 to 9423, indicating a potential consolidation in the market or a shift towards online sales platforms. The total… Read More »UK Monthly Used Car Market Data – Analysis May 2023
Data reported: 05/05/23 – 12/05/23 Between May 5, 2023, and May 12, 2023, the UK car market continued to witness changes. The total number of dealers slightly decreased from 9,449 to 9,423, and the total number of rooftops also saw a minor decrease from 14,873 to 14,802. In terms of advertising, the total number of… Read More »UK Weekly Used Car Market Data – 12th May 2023
Data reported: 28/04/23 – 05/05/23 Between April 28, 2023, and May 5, 2023, the UK car market continued to undergo changes. The total number of dealers decreased slightly from 9,477 to 9,449, while the total number of rooftops saw a noticeable decrease from 15,282 to 15,002. In terms of advertising, the total number of advert… Read More »UK Monthly Used Car Market Data – 5th May 2023